The collapse of a 150-year-old brownstone in Brooklyn shows the importance of insurance
Nobody expects to have the walls come crashing down around them as they lie in bed, but that’s exactly what happened earlier this month for three families living on Carroll Street in Brooklyn.
The brick walls of a 150-year-old brownstone collapsed in the middle of the night — thankfully nobody was hurt, and The New York Times reports that the property’s owner had insurance. But the sheer surprise of the collapse highlights the importance of having a solid home insurance policy as well the importance of tenants having renter’s insurance policies.
For the homeowner, the value of homeowners insurance is obvious — a house that they briefly listed for sale at $3.5 million is being torn down.
Renter’s insurance can be just as important.
The importance of NYC renters insurance
The homeowner’s insurance policy is unlikely to cover any damage to tenants’ property — or help tenants with the cost of finding emergency housing while they seek a new place to live.
Gotham Brokerage Co. Inc. has been acting as a home insurance brokerage in Brooklyn for five decades, and provides apartment resident insurance quotes throughout New York City. Fifty years has given us time to see pretty much every crazy scenario the city can dish out. That perspective allows us to give expert advice to New Yorkers — whether they’re looking for Queens condo insurance, Brooklyn co op insurance or a renter’s policy that will pay for temporary housing.
Renter’s insurance, in particular, can be extremely affordable, with basic policies costing as little as $10 to $20 a month.
Gotham Brokerage works with multiple insurers, which allows us to match people with the right policy rather than aim for a one-size-fits-all approach that is useless in a city like New York. We listen carefully to our clients to make sure they are paying for the coverage they need — and not a penny more.
We have an A+ rating from the Better Business Bureau. To see how we can help you, call us at 212-406-7300 or fill out the form at the right.